Johns Hopkins Gazette: February 20, 1996

Eisenhower Library Surpasses Initiative Goal

Dennis O'Shea
Homewood News and Information

     Over the top. Already.

     Four short words with a lot of meaning for the staff and
supporters of the Milton S. Eisenhower Library.

     The MSEL has exceeded the goal for its portion the Johns
Hopkins Initiative, the $900 million fund-raising campaign now
under way at the university and the Johns Hopkins Health System.

     The library already has received $27.3 million in gifts and
commitments, Michael Bloomberg, chair of the campaign, told
fellow university trustees at their meeting last week. That
surpasses the MSEL goal of $27 million in a campaign that still
has four years to go.

     "It's great," said James Neal, Sheridan Director of the
Eisenhower Library. "I think it helps demonstrate how central the
library is to the academic research mission of the university.

     "It's also a tribute to Champ and Debbie Sheridan and to the
willingness and commitment of others to follow their lead."

     The Sheridans' $20 million gift to the library was announced
during the public launch of the Johns Hopkins Initiative in 1994.
It included a $5 million challenge that has attracted gifts from
other MSEL supporters.

     On the theory that there's no good reason to stop now,
Bloomberg said the campaign executive committee has authorized
the library to set a new goal, $34 million, about 25 percent
beyond the original target.

     A majority of the $27 million raised so far is designated
for the library's endowment; Neal said the MSEL will continue to
emphasize endowment needs with potential donors, including
corporations and foundations that are interested in information

     "We're in an era of what I call information schizophrenia,"
Neal said. "Libraries need to continue to develop our traditional
collections, but they also need to step up in innovative ways to
operate in the electronic environment. ... There's a lot here to
demonstrate [to potential donors] that we are a principal player
in the new information environment and that investments here will
pay off for the entire scholarly community."

     Bloomberg said the entire Johns Hopkins Initiative has
raised about $525 million in commitments so far, about 58 percent
of the overall $900 million goal and ahead of where he had hoped
the campaign would be at this point. The effort is even farther
along toward its primary target, $525 million for endowment and
capital projects. About $361 million, more than two-thirds of
that goal, has been committed so far. 

     "But the first part of the campaign is the easiest part, so
this is no time to sit back and relax," Bloomberg said.

     About 41 percent of gifts so far have come from alumni, said
Robert R. Lindgren, vice president for development and alumni
relations. That compares to less than 24 percent in the Johns
Hopkins Institutions' last campaign, which ended in 1990.

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